News

The campaign giving patterns of CUNA and NAFCU in February could be best described as the calm before the proverbial storm.

Nearly two months after the NCUA filed a suit against Wells Fargo for negligence in the case of a deceased financial adviser, the agency has filed a complaint against the CU's accounting firm to recover losses.

The $159 million Louisiana Corporate Credit Union released its 2009 audit March 23, possibly the first corporate to do so, according to president/CEO David Savoie.

In separate moves, two of the struggling sand state credit unions, the $851 million Arrowhead Central CU in California and the $370 million AEA FCU of Yuma, Ariz., found themselves suffering more of the recession's fallout this month.

Check imaging is now in place at 50 of Bellco Credit Union's ATMs, the $1.92 billion Colorado credit union said.

Consumers are again feeling more confident, but still have concerns about the economy.